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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5

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The Essential List of Logistics Acronyms and Abbreviations for Retailers

Locus

OTIF – On-Time In-Full On-Time In-Full (OTIF) is a key logistics metric that evaluates whether shipments are delivered completely and on schedule. ETA in Shipping: Why Retailers & Delivery Partners Need to Pay Attention 14. Read Also: A Comprehensive Guide to Effective Returns Management 3. How to Improve Fleet Utilization?

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Food Trends That Could Have an Impact in 2021

Zipline Logistics

Since much of the previous year in business and elsewhere was defined by a global pandemic, we are left asking what will 2021 look like for food and beverage shippers. These buyers want to continue food and beverage trends in a similar direction that we saw in the latter 2010s. Here are some things to look out for in 2021.

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QAD Explore 2019: Vertical Market Round-up

QAD

As Director of Information Systems for Saint-Gobain Performance Plastics, Chuck was able to share insights around the progress that his team has made adopting a variety of advanced technologies such as IoT, augmented reality, data lakes and more. Consumer Products and Food & Beverage. The top five themes were: Sustainability.

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What is SKU Rationalisation? Process, Benefits, Best Practices

Unleashed

A food and beverage company decides to streamline its product portfolio, based on the nutritional value and environmental impact of its products. Using metrics such as inventory turnover rate , sell-through rate, and gross margin return on investment allows you to monitor your inventory performance more effectively.

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Inventory Optimisation: Tools & Techniques You Should Know

Unleashed

While some are simply designed to save time or cut costs, there are a few that play a critical role in collecting and analysing the data that will inform your optimisation process. Inventory optimisation: 5 key benefits “Real-time connected data can revolutionise industry, it can reduce human error and allow for more informed decision making.

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10 COVID-19 Lessons for a Resilient Supply Chain

DynaSys

However, overall supply (in 2019’s case overall beverage supply) usually accommodates demand. Others, such as food & beverage experienced earthshaking shifts in demand to which most players were ill-equipped to quickly adjust. Your Finance department is minding this metric in particular. Increased demand during the crisis.